Ministers of the Federal Republic of Nigeria, Festus Keyamo and Heineken Lokpobiri, are set to unveil a significant infrastructure project in the aviation sector. The two ministers will be launching a 15 million litres aviation fuel depot, a move aimed at enhancing the supply and availability of aviation fuel in the country.
This new depot is expected to address the recurring issues of fuel scarcity and high costs that have plagued the aviation industry. The increased capacity will help stabilize fuel prices and ensure smoother operations for airlines and other aviation stakeholders.
The unveiling ceremony is part of the government’s efforts to improve the infrastructure and efficiency of the aviation sector. This initiative aligns with broader economic development goals, as a robust aviation industry is crucial for facilitating trade, tourism, and overall economic growth.
Industry experts and stakeholders are anticipating the positive impact this new depot will have on the sector, hoping it will lead to reduced operational costs and improved service delivery for airlines and passengers alike.